Eco Ventures Group Develops Hydro Separation System
GROVELAND, FL., October 7th, 2011 - Eco Ventures Group, Inc (OTCBB: EVGI) announced today that it has developed a hydro separation system for the pre-concentration of crushed ore with its partner Raptor Technology Group, Inc. ("Raptor"). The system simplicity concentrates particles by density of crushed ore to a ratio of up to 20 to 1. EVGI and Raptor will be filing a join patent application on the system with the US Patent and Trademark Office.
EVGI has a prototype of its hydro separation system installed and operating at its 5,000 tons of concentrated ore per year precious metal extraction facility in Florida. EVGI plans to build several larger hydro separation systems for the pre-concentration of ore with the ability to process up to 100 tons of raw ore per day.
"This system will save the Company time and money when it comes to our throughput. We will process concentrated ore in our precious metal extraction plant which will greatly improve results while keeping costs low," said Randall Lanham, CEO or Eco Ventures Group. "We will eventually use our pre-concentration systems at mine sites to even further reduce the transportation costs," added Lanham.
Eco Ventures Group, Inc. is a family of ecologically friendly and economically sound businesses committed to providing for society's minerals, energy and renewable resource needs.
EVGI concentrates on two core business activities. EVGI's Eco Minerals Recovery Group specializes in the extraction of precious metals from ore bodies and reclaimed mine tailings, and Eco Energy Group will focus on the production of advanced biodiesel from recovered cooking oils and oil rich plants.
Eco Ventures Group, Inc.
7432 East Highway 50
Groveland, FL. 34736
Phone: (352) 557-4830
Statements made about our future expectations are forward-looking statements and subject to risks and uncertainties as described in our most recent filings made with the US Securities and Exchange Commission, and are subject to change at any time. Our actual results could differ materially from these forward-looking statements. We undertake no obligation to update publicly any forward-looking statement.